California DMV utilizes the Tezos network to trial car titles on the blockchain

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California DMV utilizes the Tezos network to trial car titles on the blockchain blockchain California DepartmentofMotorVehicles

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The goal of the trial was to explore the potential for blockchain technology to improve the DMV's current processes, as outlined in the California Blockchain Working Group Roadmap, and to “incorporate the values detailed by Governor Newsom in his recent blockchain executive order.” Oxhead Alpha was selected by the DMV to build a platform based on “responsible innovation, protecting consumers, and leveraging technology for the public good.” The firm selected the Tezos blockchain to host the pilot project.

Oxhead Alpha developed a set of smart contracts to solve trusted vehicle transfers and deployed them on a private fork of Tezos for testing purposes. Trusted transfer is one of the main challenges for an e-titling solution. The smart contracts were designed to test e-titles, enabling the electronic exchange of title information which could help significantly decrease the time it takes to process documentation. California had over 30 million registered vehicles as of 2020.

 

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